Manhattan, KS is a great place for those who are looking to settle down and enjoy a lower cost of living. The two bedroom rent in Manhattan, KS is $1,050 which is significantly lower than the U.S. average of $1,430. Similarly, the Grocery Cost Index in Manhattan is 100 versus 100 in the US which indicates that groceries are no more expensive in Manhattan than anywhere else in the country.
There are many local companies within Manhattan such as Cico Construction Inc., KSU Hospitality Services Inc., Kansas State University Foundation, and Community Bank of Kansas City that offer employment opportunities to locals and provide an economic boost to the area.
Overall, rent and groceries are more affordable in Manhattan than most other parts of the United States making it an attractive place to live for a variety of reasons. The low cost of living combined with its numerous job opportunities make it one of the best places for families or individuals on a budget looking for a new home.
Manhattan (zip 66503) has an unemployment rate of 3.0%. The US average is 6.0%.
Manhattan (zip 66503) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Manhattan (zip 66503)
- The Sales Tax Rate for Manhattan (zip 66503) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Manhattan (zip 66503) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Manhattan (zip 66503)
- The average income of a Manhattan (zip 66503) resident is $37,343 a year. The US average is $28,555 a year.
- The Median household income of a Manhattan (zip 66503) resident is $86,828 a year. The US average is $69,021 a year.